For generations, gold has been the star of Indian households – hoarded in lockers, worn during weddings, and treasured as insurance in times of crisis. But as silver prices surge globally, the white metal is now challenging gold’s long-held dominance.
Experts suggest that silver could outperform gold in the next two to three years, with international prices expected to touch 70–72 dollars an ounce and domestic rates crossing Rs 2 lakh per kilogram.
The rally has been spectacular. On September 25, 2025, silver crossed 45 dollars for the first time in 14 years. In India, December MCX contracts jumped 2 percent to Rs 1,36,700, continuing a six-week streak of gains. For investors watching both gold and equity markets, the question has become sharper: should silver now be treated as seriously